DLS 0.00% 69.0¢ drillsearch energy limited

sigh followed by a bigger sigh, page-5

  1. 235 Posts.
    Throw all the directors away? LOL! You won't have that opportunity even if you thought it was a good thing. There are probably a lot of people rather impatiently waiting for news since the appearance of Dixon and co on the board.

    I'm still undecided how to handle this one. Dixon made a lot of noise about improving communications, and we've heard nothing since he had his way. I still like the way he got on the board without the potential PR disaster evolving, and if there is something brewing with this company he is certainly not obliged to spill every little piece of information to every pissant shareholder.

    For the time being I'm giving them the benefit of the doubt. I assess my purchase price of 11.5c as being a reasonable floor, but I'm watching very closely. POO is a concern, but not, I think, as crucial as many people think.

    An interesting spec, but I can see myself halving my position and going to others with safer prospects.
 
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